Litecoin (LTCUSD) – A Massive Move Brewing? 1350$ Target Aligns Litecoin has been consolidating in a symmetrical triangle for nearly a decade on the macro 6M chart. Despite recent price weakness, the structure remains bullish. The triangle’s apex is nearing, and historically, such long-term squeezes lead to explosive moves.
Here’s the interesting part:
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Key stats
LTCUSDT | Signs of Recovery Meet Strong ResistanceLTCUSDT has shown encouraging signs of a bounce, but it’s now approaching the red box, which marks a significant resistance zone. This area has repeatedly capped any rally, and without clear confirmation, attempts to push higher are likely to stall.
🔴 Key Resistance Zone
The red box represents a cl
LTCUSD eyes bearish bat patternOn the daily chart, LTCUSD stabilized and rebounded in the short term, and bulls have the upper hand. Currently, the upward trend is looking towards the previous supply area of 90.9-96.5. If the price reaches 92.70, pay attention to the potential bearish bat pattern.
LITECOIN to new highs, fib retracement completeLitecoin - officially a commodity as declared by the SEC - is about to hit major support and if it holds, which it most likely will, it is going to go to new highs as it is intended to.
Not financial advice, simply looking at trendlines and following fundamentals.
DYR
LTC is Bearish Below $80.0: What's Next?FenzoFx—Litecoin slipped below $76.4 and is currently testing this level as support. With bearish momentum stemming from $80.0, the market outlook remains bearish while the price stays below this threshold.
>LTC/USD may target $71.00 next, and selling pressure could drive it further down to $64.45
Bearish Trend Persists: Litecoin Targets $71.0FenzoFx—Litecoin is trading at $75.9 after closing below $76.4 and testing it as resistance. The Stochastic Oscillator signals oversold conditions, suggesting a possible price bounce, although the bearish trend persists below $80.0.
If the bearish momentum continues, the next target could be $7
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Frequently Asked Questions
Litecoin (LTC) reached its highest price on May 10, 2021 — it amounted to 413.83 USD. Find more insights on the LTC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Litecoin (LTC) reached the lowest price of 21.06 USD on Mar 13, 2020. View more Litecoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying LTC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade LTC right from TradingView charts — just choose a broker and connect to your account.
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